How much is $58 billion?
With $58 billion HDB could build 580,000 units of flats at $100k each. This is almost all the flats owned by Singaporeans now. With $58b, it could buy 290,000 pieces of Mercedes Benz and line up the whole of PIE. With $58b, it will be more than the combined worth of the top 50 riches people in Singapore. With $58b, the govt can give to each Singaporean family $100,000 in cash. How long will it take to make back $58b? At 10% rate of return on investment on Temasek's balance of $127b, it may take 30 years. But if all the investments can double their value in 5 years, then it may take less than 3 years. The faster way of recouping the loss is to go to Sands when it opens. Place a $58b bet on red or black and one spin of the wheel could recover everything. $58b is $58,000,000,000!